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Porsche Prices!! Porsche cars are expensive, and its pretty much your fault. In this video i will run through 7 different reasons why Porsche prices are so high and expensive to buy. There is a very clever reason that most people don't understand.
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The main reasons why Porsche are so expensive and have higher prices are because of the following things, 1 - Social media, people want to be cool and they feel they can do that by posting their toys on social media like Instagram, Facebook & Instagram etc. 2 - Covid did not help the situation because there was a lack of brand new Porsche cars coming to market, so potential buyers were turning to the used Porsche dealers to buy a Porsche which caused a high demand, and when demand is high, the price goes up or stays high. 3 - Lets face it, they are incredible to drive, they look amazing, the amount of engineering and craftmanship that goes into these cars it really is no wonder that everybody wants to buy a Porsche even if it does cost a lot of money. 4 - Porsche keep their prices high to ensure the brand is a premium marque, if the start price is low, the quality of the car is compromised, therefore depreciating a lot quicker which leaves the brand with a poor reputation. 5 - Keeping up with the Jones's, meaning that people see their neighbours & friends driving Porsches and they want a piece of the action. Porsche ownership is associated with success, wealth & and overall happy & successful life. People want to be seen to be successful. 6 - Interest rates, there are arguments that high interest rates can both make car prices higher or bring them down, so in this video i explain how the high interest rates can make used car prices higher. 7 - the impending doom of electric cars. The world is gearing up for a full electric car switch, meaning these combustion engines will/might be a thing of the past, and so people want a slice of the action before its too late or before the prices go even higher.
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